Compliance Associate

Millennium Management; New York (NY); On-site; USD 70,000 - 160,000; Full time

Job summary

An established industry player is seeking a Compliance Associate to support their global Quantitative Trading Compliance program. This role involves monitoring regulatory changes, assisting with compliance training, and drafting related policies. The ideal candidate will have a strong background in compliance, particularly in algorithmic trading, and a bachelor's degree in a relevant field. You'll thrive in a dynamic environment where your analytical skills and attention to detail will be crucial in navigating the complexities of financial regulations. Join a firm that values innovation and integrity in the financial sector.

Qualifications

• 3+ years of experience in compliance or related fields.
• Experience with algorithmic trading matters is preferred.

Responsibilities

• Assist with the administration of the global Quantitative Trading Compliance program.
• Monitor regulatory changes and enhance compliance initiatives.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Attention to Detail

Ability to Multi-task

Education

Bachelor’s degree in Computer Science

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Tools

Microsoft PowerPoint

Microsoft Excel

Job description

Compliance Associate

Position Details

1. Assist with the administration of the Firm’s global Quantitative Trading Compliance program, including the initial vetting and ongoing review of portfolio management teams against the Firm’s Algorithmic Trading Policy.
2. Monitor regulatory changes, updates, and industry-wide compliance initiatives, and conduct ongoing analyses to enhance the Firm’s global Quantitative Trading Compliance program.
3. Assist with regulatory examinations, inquiries, investigations, and projects, as necessary.
4. Assist with drafting and amending compliance-related policies and procedures.
5. Prepare and conduct compliance trainings.

Qualifications/Skills Required

1. 3+ years of experience.
2. Experience at a regulatory authority, bank/broker, or buy-side firm.
3. Experience with addressing algorithmic/systematic trading matters is preferred, with an understanding of model-based trading and investment/execution algorithms.
4. Bachelor’s degree in Computer Science, Finance, Economics, or similar with a strong academic record is preferred.
5. An understanding of global financial markets, including market structure, is preferred.
6. General understanding of Artificial Intelligence, including current regulatory focus areas.
7. Strong analytical/conceptual problem-solving skills with attention to detail.
8. Strong sense of ownership and personal responsibility.
9. Ability to prioritize, multi-task, and manage deadlines while successfully completing assignments.
10. Strong written and verbal communication skills.
11. Ability to create presentation materials for senior management.
12. Proficient in Microsoft PowerPoint and Excel.
13. Good team player with a strong willingness to participate and help others.

The estimated base salary range for this position is $70,000 to $160,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.